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Markets may rally as tariff relief outshines trade-pact letdown

Bloomberg Even though it wasn’t the trade deal some analysts hoped for, China dodged more tariffs, and that may be enough to spur a market rally. The onshore yuan may rise and the Australian dollar will be boosted by a potential advance in crude oil and industrial metals, according to Vijay Valecha, chief investment officer at Century Financial Consultancy in ...

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Renault offers SEAT’s De Meo CEO position

Bloomberg Renault SA offered Luca de Meo, who heads Volkswagen AG’s Spanish brand, the role of chief executive officer of the French carmaker, La Vanguardia reported, citing unnamed officials at the company. Renault has also told De Meo, who runs SEAT, that within two years he could take the helm of the group’s alliance with Nissan and Mitsubishi. Bloomberg previously ...

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Etisalat launches 2nd edition of ‘Hello Business Pitch’ competition

Abu Dhabi / Emirates Business Etisalat on Sunday announced the launch of the second edition of Hello Business Pitch competition, designed to encourage entrepreneurs and homegrown Small and Medium Businesses (SMBs) to build and grow their business. Following the successful response to the competition in 2018, Etisalat has renewed its commitment towards empowering entrepreneurs to turn their ideas into real ...

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